After 5 April 2006 membership of a
registered pension scheme is open to anyone
regardless of where they are resident or of where their employer
(if any) is resident. Nor is there any restriction on the amount
that can be contributed by an overseas resident individual or by an
employer in respect of them. But relief from UK income tax may not
be available, or may be restricted on such contributions in certain
circumstances.
Overseas resident members of a registered pension scheme are
subject to the annual and lifetime allowances and their associated
charges (see
RPSM13103040), and to other charges
under Part 4, such as the unauthorised payments charge (see
RPSM04104500).
| Glossary ( RPSM20000000) |
